International economics

Global Spectator, by Andrés Ortega The discreet burial of the Doha Round

It has gone largely unnoticed, but late last year the ministerial meeting in Nairobi of the World Trade Organisation (WTO), in which 164 countries took part, quietly consigned the Doha Round to the grave, after 14 years of more or less futile efforts. Its aim was originally to give [...]

Should the EU grant China Market Economy Status? A Machiavellian approach

Yet again the European Union is sleepwalking into a diplomatic disaster. According to China’s interpretation of article 15 of its WTO accession protocol signed in December 2001, after 15 years (hence in one year’s time) it will automatically acquire market economy status (MES). For years this was the consensus [...]

EU-India relations: let’s focus on getting to know each other better

At the beginning of this month, I had the privilege to be invited to New Delhi (my first time ever) to attend a meeting of European and Indian think tanks on the topic: “EU and India: closer partners in global governance?” The event was organized by the EU-Asia Centre [...]

Draghi’s morphine has stalled the Eurozone’s reform efforts

More than three years after the EU leaders agreed to establish a banking union for the Eurozone, and Mario Draghi announced that he was ready to do “whatever it takes” to save the euro it is time to take stock of what has been achieved so far in making [...]

Few lights in the darkness: The Future of the Euro by Matthijs and Blyth

This an extraordinary book on the Euro and its future paths. It is an absolute must-read because it brings together some of the top scholars in the field who, as a team led by Matthias Matthijs and Mark Blyth, achieve something unusual in the literature: to analyse the multifaceted [...]

Global Spectator, by Andrés Ortega No longer emerging economies, downwardly mobile

The latest report on Global Economic Prospects by the World Bank paints a worrying picture: the emerging economies have stopped doing so, or at least they will do so much more slowly. This is not a temporary phenomenon but, according to Kaushik Basu, its chief economist and vice-president, a [...]

The Odd Anatomy of the Euro

I have spent more than ten years studying the evolution of the European Monetary Union (yes, even my Master dissertation at the University of Manchester written in 2004 was on the single currency). During all this time I have had many moments where I was lost in my thoughts, [...]

Global Spectator, by Andrés Ortega The TTIP slows down

The TTIP, the Transatlantic Trade and Investment Partnership, is one of the most ambitious projects on the US and EU agendas, not only in economic but also in geopolitical terms, given what it can mean to those involved, and even to those who will not be part of it. [...]

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